The price is in the accumulation phase below the daily resistance after a nice bounce from the weekly support.
The price got a first rejection from the daily resistance at 12$ area, it's an important level for the price
How to approach it?
IF the price is going to have a breakout and retest the daily as new support, According to Plancton's strategy, we can set a nice order
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Keep in mind.
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Follow the Shrimp 🦐
The price got a first rejection from the daily resistance at 12$ area, it's an important level for the price
How to approach it?
IF the price is going to have a breakout and retest the daily as new support, According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
Note
The price is loading the breakout?Don't miss it
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.